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Vadilal Industries | Ice cream at home, frozen and retort exports abroad

2026.09.19

Article summary

Vadilal Industries is a food company that started as a soda shop in Gujarat in 1907. Domestically it centers on ice cream and frozen desserts, while exports are built on frozen fruit and vegetables, canned fruit pulp, and RTE foods. It supplies frozen paratha, samosas, and mango pulp to overseas Indian grocery stores. Consolidated revenue for FY2026 (year ended March 2026) was ₹1,503 crore (1 crore = 10 million rupees), up 21% from ₹1,240 crore the prior year. A dispute among three branches of the founding family is moving toward resolution under a March 2025 memorandum, though litigation over trademarks has continued to be reported since. With a long export track record and familiarity with frozen container shipping, it's a candidate for sourcing frozen mango pulp or frozen vegetables for Japan.

This article is based on what we could verify As of September 19, 2026 This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with ₹1 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.

Vadilal Industries is a company whose mainstay is ice cream and frozen desserts and which also exports frozen vegetables, fruit purées and retort pouch foods. It started as a soda shop in 1907.

Company profile

Item	Details
Legal name	Vadilal Industries Limited
Founded	1907 (as a soda shop opened by Vadilal Gandhi)
Headquarters	Ahmedabad (Gujarat)
Consolidated revenue	₹1,503 crore (FY2026, year ended March 2026; up 21% year on year, about ¥26.2 billion). FY2025 was ₹1,240 crore
Business	Ice cream, frozen desserts, juice and candy / export of frozen fruits and vegetables, canned fruit pulp, and RTE and RTS foods
Listing	Listed on the BSE and NSE

What it makes differs between domestic and export markets

Domestically it centers on ice cream. India's ice cream market has a strong cooperative player in Amul, along with established regional names. Vadilal has expanded nationwide from its base in Gujarat.

Exports, on the other hand, are built on frozen vegetables and fruit and retort foods. It supplies frozen paratha, samosas, and mango pulp to overseas Indian grocery stores. Since what sells domestically differs from what sells abroad, the two ends up as separate businesses even though they share the same frozen facilities.

Consolidated revenue for FY2026 (year ended March 2026) was ₹1,503 crore, up 21% from ₹1,240 crore in FY2025.

The founding family dispute continues

A long-running dispute among three branches of the founding family has moved toward resolution with a memorandum signed in March 2025, but litigation over trademarks has continued to be reported since.

When trading with a family-run company, this kind of internal dispute can affect supply stability. It's necessary to confirm which entity is the actual counterparty and where the rights to use the brand sit.

Points for Japanese companies

It is a candidate when sourcing frozen mango pulp or frozen vegetables for Japan. Its long export record and its familiarity with frozen container shipping are reassuring when bringing frozen goods out of India for the first time.

When importing frozen goods from India, customs clearance at port takes time, and temperature control during that period determines quality. A partner with export experience knows how to arrange refrigerated containers and prepare the paperwork. Beyond price, whether this experience exists matters in practice.

At the same time, Indian frozen foods such as frozen paratha and samosas can also be seen as a sourcing option for Japanese Indian restaurants and ethnic grocery stores.